Tagged: p2p

September 25, 2014 @ 4:15 pm By JD Alois  |  

Kiwi peer to peer lending platform Harmoney has not wasted any time in getting the loans moving.  Having officially launched on September 10th, the P2P lender has shared they have quickly lent about $2 million.  On top of that – they are rejecting between 70-80%… Read More

September 25, 2014 @ 1:58 pm By Yangjie She & Naiwen Zhang  |  

With the explosive growth over the past seven years, China has become the biggest peer to peer (P2P) lending market in the world. After introducing the four stage evolution in the previous article “The Evolution of Peer to Peer Lending in China”, we will now… Read More

September 24, 2014 @ 9:19 pm By JD Alois  |  

Boca Raton-based CircleBack Lending has entered into a partnership with Jefferies according to a release by the company.  The agreement is to facilitate the sale and securitization of up to $500 million aggregate principle amount of consumer loans. CircleBack was founded in 2013 and states… Read More

September 23, 2014 @ 4:44 pm By JD Alois  |  

Peer to peer lending is all the rage these days – as it should be.  The borrower gets access to much needed capital within days at lower rates than possible via some “other” methods AND there is no trip necessary to your local bank branch…. Read More

September 21, 2014 @ 8:01 pm By JD Alois  |  

Apparently traditional banks are moving into higher rate and thus higher risk personal loans.  This strategic shift is driven, at least in part, by growing competition from peer to peer (P2P) lending platforms. The banking industry, while incredibly important in the US, is one of… Read More

September 19, 2014 @ 10:14 pm By JD Alois  |  

Capgemini recently posed the question;  “To what extent is crowdfunding a problem for our traditional bank manager? And what, if any, pressure does this bring to our big banks?” We think this is an astute question to ask – especially in the UK where peer… Read More

September 18, 2014 @ 6:38 am By JD Alois  |  

Peer to peer (P2P) real estate lender AssetAvenue has announced funding of a retail building loan in Austin, Texas. “The Austin loan satisfied each of our four pillars of value: Market Location, Property Condition, Borrower Strength and Loan Structure,” said Kevin Arrabaca, President of Real… Read More

September 16, 2014 @ 10:14 am By JD Alois  |  

Fast growing peer to peer lender Lendico has moved into a new market, this time targeting the Netherlands.  Lendico was founded in Germany at the end of 2013 but the young platform has quickly moved to expand into regions beyond the German market.  The new… Read More

September 16, 2014 @ 8:24 am By JD Alois  |  

Hybrid investment crowdfunding platform  Crowd of Angels has announced an opportunity to invest in a crypto-currency.  LXCCoin is described as the “worlds first asset based crypto-currency.  The company states it has “both 100% real asset value and inbuilt profitability”,  The expected annual rate of return is predicted to be 12%-15%.  LXCCoin… Read More

September 15, 2014 @ 8:30 am By Georgia Quinn  |  

Although you may not have heard of Bondora, if you follow the peer-to-peer (P2P) lending industry, you most likely will soon. Bondora is one of the fastest growing peer-to-peer lenders in the world and they are operating in a market with few competitors. Bondora is… Read More

September 13, 2014 @ 9:39 am By JD Alois  |  

For followers of the peer to peer lending industry this should come as no surprise.  P2P lending in the UK has no passed the £2 billion mark as it continues to surge forward as more consumers, and more investors, take advantage of the more effective… Read More

September 12, 2014 @ 8:00 am By Naiwen Zhang & Yangjie She  |  

China, like much of the world, has uncovered the power of the crowd to finance many different things. Peer to peer (P2P) lending may have started, in its current online form in the UK, but is now firmly established in China and is the largest… Read More

September 11, 2014 @ 11:02 pm By JD Alois  |  

Fitch Ratings director Brendan Sheehy addresses the emerging peer to peer (P2P) lending industry in a brief video presentation.  Sheehy, believes that P2P lending could be a disruptive force within the banking industry – just like so many others. He notes that since 2009, P2P… Read More

September 10, 2014 @ 12:05 pm By JD Alois  |  

  China based peer to peer (P2P) lending site Jimubox announced today during a press conference in Beijing they had secured a substantial $37,190,000 investment in a Series B round.  The funding was said to be “competitive” and was led by Xiaomi and Shunwei Capital… Read More

September 9, 2014 @ 10:38 pm By JD Alois  |  

The first peer to peer lending platform in New Zealand “Harmoney” officially launched earlier today stated it had commitments for $100 million in capital funding mainly from four investors.  Earlier this week it was reported that established bank Heartland had taken a significant equity stake… Read More

September 9, 2014 @ 11:20 am By JD Alois  |  

The investment opportunity generated by new, innovative peer to peer lending platforms is becoming more and more apparent to mainstream finance.  Today Blue Elephant Capital Management has announced that Brian Weinstein, a former head of fixed income at BlackRock, has joined their firm as a… Read More

September 7, 2014 @ 9:25 pm By JD Alois  |  

In a conversation about peer to peer lending in the United Kingdom with Cormac Leech, the financial analyst was quoted saying that,  “It [P2P lending] would redeploy resources equivalent to £32 billion into the wider economy. People would have more disposable cash. Everyone would have… Read More

September 7, 2014 @ 9:03 pm By JD Alois  |  

New Zealand bank Heartland, an institution with roots going back to 1875, has taken a 10% equity stake in peer to peer lending startup Harmoney.  This investment has occurred only months after Harmoney received its license to operated in New Zealand.  Heartland bank has targeted… Read More

September 6, 2014 @ 4:53 pm By JD Alois  |  

Nesta, an “innovation charity” that also produces some pretty interesting research reports, recently published a document addressing the UK collaborative economy.  Of course the document encompasses a good part of crowdfunding because crowdfunding is all about collaboration.  Nesta publishes some pretty solid data and perspective…. Read More

September 5, 2014 @ 4:58 pm By JD Alois  |  

In a brief post on their web site,  peer to peer lender Lending Club announced they have added another states to their growing list of places that may use their platform.  While not everyone may be aware of this – not all states allow peer… Read More